Posts

Dubai Lodging Outlook 2021

On November 9, 2020, Cornell Hotel Society, MENA Chapter, hosted the 6th Annual Dubai Lodging Outlook 2021 Seminar virtually in collaboration with STR.  The seminar started off with a macroeconomic overview and forecast presentation by Mohamed Abu Basha, Director, Head of Macroeconomic Analysis, at EFG Hermes, a prominent investment bank in the region.  Abu Basha’s presentation was followed by a presentation by Sarah Duignan, Director of Client Relationships, and Philip Wooller, Area Director, Middle East & Africa at STR.  Sarah and Philip highlighted the region’s key lodging trends in addition to STR’s 2021 forecast of key metrics for Dubai and the GCC.  The seminar was concluded by Emeritus Professor Sheryl Kimes who presented the results of her latest survey addressing the challenges and lessons learned by hoteliers in the region from the COVID 19 pandemic.

Attendance at the event increased by 30% y-o-y, totaling 420 attendees (important to note that over 700 individuals registered for the event).

5th Annual Dubai Lodging Outlook 2020 Seminar

On September 15, 2019, the Cornell Hotel Society, MENA Chapter, hosted the 5th Annual Dubai Lodging Outlook 2020 Seminar at Fairmont The Palm, Dubai.  The morning seminar started off with a macroeconomic overview and forecast presentation by Mohamed Abu Basha, Director, Head of Macroeconomic Analysis, at EFG Hermes, a prominent investment bank in the region.  Abu Basha’s presentation was followed by a presentation by Sarah Duignan, Director of Client Relationships at STR.  Sarah highlighted the region’s key lodging trends in addition to STR’s 2020 forecast of key metrics for Dubai.  The seminar was concluded with a panel discussion titled “The Impact of Expo 2020 on the Lodging Market for Dubai”, which was moderated by Tarek M. Daouk ’01, Founder and Managing Partner at Smartotels Group Holdings.  The panelists included: Yigit Sezgin, Chief Commercial Officer, Middle East & Africa, AccorHotels; Gillian Hamburger, Senior Vice President Commercial, EXPO 2020; Guido De Wilde, Chief Operating Officer, Middle East, Marriott International; Richard Thompson, Editorial Director, MEED; and, Philip Wooller, Area Director Middle East & Africa, STR.

Attendance at the event increased by 18% y-o-y, totaling 330 attendees.  Chapter co-President, Aditya Rajaram MMH ’11 led the planning the of the event, supported by co-President Tarek M. Daouk ’01 and a team at STR.  The event was sponsored by Fairmont The Palm and PSAV.

We raised $6,000 USD (33% y-o-y increase), which we plan to donate to the EMEA scholarship fund program.  Adi and I would like to thank all of you for your support and we look forward to hosting this event in future years.

Dubai Lodging Outlook 2020

 

Dubai Lodging Outlook 2019

On September 23, 2018, Cornell Hotel Society, MENA Chapter, along with STR Global hosted the 4th Annual Dubai Lodging Outlook 2019 Seminar at Fairmont The Palm, Dubai. Tarek M. Daouk ’01 kicked off the event with some general remarks on high level trends in the market and welcomed the remarkable line up of speakers. The morning seminar started off with a macroeconomic overview and forecast presentation by Mohamed Abu Basha, Director, Head of Macroeconomic Analysis, at EFG Hermes, a prominent investment bank in the region. Abu Basha’s presentation was followed by a presentation by Sarah Duignan, Director of Client Relationships at STR. Sarah highlighted the region’s key lodging trends in addition to STR’s forecast of key metrics for Dubai. The seminar was concluded with a panel discussion titled “The Impact of Mega Events on Lodging Markets”, which was moderated by Rupprecht Queitsch, CEO, INHOCO. The panelists included: Gillian Hamburger, SVP Commercial, Expo 2020 Dubai; Ali Manzoor, Associate Partner, Hospitality & Leisure Development Consultancy, Knight Frank Middle East; Saahil Lalit, Senior Director, Development, Middle East & Africa, Marriott International; Aditya Rajaram MMH ’11, Owner and Developer, Aloft Dubai South; and, Philip Wooller, Area Director Middle East & Africa, STR. Attendance at the event increased by 87% y-o-y, totaling 280 attendees. Chapter co-President, Aditya Rajaram MMH ’11 led the planning the of the event, supported by co-President Tarek M. Daouk ’01 and a team at STR. The event was sponsored by Fairmont The Palm and PSAV.

Adi and Tarek would like to thank all of you for your support and we look forward to hosting this event in future years.

Dubai Lodging Outlook 2019

Dubai Lodging Outlook 2019

Dubai Lodging Outlook 2019

Dubai Lodging Outlook 2019